Overview of the Revest Finance crypto project

• About the Revest Finance project
• Salient features of Revest Finance
• Development team
• Tokenomics
• Basic information
• Token Allocation
• Token use case
• Investors and partners
• summary

About the Revest Finance project

Revest Finance is a decentralized finance protocol built on the Ethereum blockchain that allows users to generate NFTs representing specific amounts of their ERC20 standard tokens. This allows users to own and trade their token assets as NFTs, without the need to sell or transfer real tokens.

Revest Finance calls these NFTs FNFTs, which stands for Fractional NFTs. FNFTs possess all the properties of a typical NFT and are fully compatible with all markets, wallets and interfaces that support the ERC-1155 standard. Each FNFT is generated when a user deposits a certain amount of ERC-20 tokens into the Revest Smart Vault.

The main feature of Revest Finance is to provide a simple way to generate FNFTs and trade them. As a result, users can use their FNFT to access more complex financial products without having to own a large number of tokens or have a clear understanding of how they work. This helps to expand the market and create more opportunities for users.

Information about FNFT at Revest Finance includes:

• Lock/Unlock Status: indicates the ability to unlock assets in the FNFT.
• Key category: there are 3 key types including time key, value key, and address key.
• Token Type: is the token name locked in the FNFT.
• Number of tokens in the FNFT: is the number of tokens locked in the FNFT.
• Additional information: provides some additional information about the FNFT.

Revest Finance is geared towards using FNFT in real-life scenarios such as token authorization, time-controlled unlocking, inheritance, funding, charitable donations and many more.

Salient features of Revest Finance

Revest Finance is developing some advanced features as follows:

Mass Distribution: Allows the user to specify multiple recipients for FNFT configuration. When this feature is enabled, the number of FNFTs generated will be allocated to each specified address. This allows for more efficient batch distribution of empowerment.

Add Deposit Account: FNFT holders can increase the number of tokens stored in their FNFT through adding a deposit account.

Term Extension: FNFT holders can extend the FNFT term to expand the asset's liquidity.

Failed to convert FNFT option: This feature, when enabled, prevents users from converting FNFT except for accounts that have been granted conversion permission.

Development team

Revest Finance is a blockchain project developed by a group of tech-loving professionals, including founder Rob Montgomery. He is an experienced Solidity developer and has extensive experience in blockchain and decentralized applications. 

At Revest Finance, he played a key role in the design and implementation of the Revest protocol, as well as guiding development team members to achieve the project's goals and commitments.

Tokenomics

Basic information

• Token Name: Revest Finance
• Ticker: RVST
• Blockchain: Ethereum
• Contract: 0x120a…b54d4ba
• Token Type: Utility, Governance
• Total Supply: 100,000,000 RVST.

Token Allocation

The project has a total of 100,000,000 RVST tokens distributed as follows:

• Seed Round, Unlocked TGE: 5%
• Marketing and Staking: 15%
• Liquidity Pool: 13%
• Looked Long Term: 10%
• Seed Round, Vested: 14%
• Team: 10%
• Reservation Event: 33%

Token use case

RVST is a token used in the Revest Finance system to:

• Receive a portion of the revenue generated from user fees on the platform.
• Discounts on transaction fees based on the amount of RVST held.
• Participate in the governance and decisions of the Revest Finance protocol.

Investors and partners

On September 16, 2021, Revest Finance announced a successful $2.1 million funding round from a wide range of investors, including Kronos, NewField Fund, Chainflow Capital, Deltahub Capital and Zion Capital.

This is an important step in the development of Revest Finance and will help the project achieve its development goals in the future.

summary

Revest Finance is an advanced DeFi project that uses NFT technology to deliver a unique asset ownership and trading experience. Currently, Revest Finance is at an early stage of development and there are still many challenges to overcome. However, the project has the potential to be widely used and promises to be one of the notable DeFi projects in the future. We need to monitor the development progress of Revest Finance to be able to assess the importance and investment opportunities of this project. You can update more information about the project at the channels below.

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